- #5786
USDtez USDTZ
USDTZ Price
Market Cap
--Rank #5786FDV
$0.00Rank #11458Investors
Twitter Followers
Twitter Performance
209WeakRank by Twitter #7409- 0
- 100
- 500
- 1000
- 1500
Detailed Performance
USDTZ shows Neutral behaviour against top cryptocurrencies, leading categories and blockchains over various time periods
USDTZ to USD Converter
Price History
- All-Time High
- $1.341.39x to ATH
- All-Time Low
- $0.77451.25x to ATL
- Trade Launch Date
- 26 Oct, 2021
1080 days ago
About USDTZ
USDtez is a USD-pegged stablecoin based on the Tezos blockchain. It is a fungible token that is paired to the US dollar and backed by fiat currency. USDtez provides liquidity for Tezos trading and commerce, and it is designed to be a low-fee and scalable solution. It can be obtained through exchanges and other platforms like AMMs and cross-chain bridges.
What makes USDtez unique?
USDtez is unique compared to other cryptocurrencies for several reasons. First, it is a stablecoin, which means its value is pegged to the US dollar. This stability makes it a reliable and predictable asset, especially for traders and merchants.
Second, USDtez is built on the Tezos blockchain, which sets it apart from other stablecoins that are built on different blockchains. Being Tezos-first and Tezos-only, USDtez is specifically designed to align with the Tezos ecosystem, making it more integrated and compatible with Tezos technology, governance, and community.
Third, USDtez has a full collateral reserve, meaning it is backed by a sufficient amount of fiat currency. This ensures that every USDtez in circulation has a corresponding amount of fiat currency held in reserve, making it a solvent and secure stablecoin.
Additionally, USDtez does not charge any stability fees. Unlike some stablecoins that require fees to maintain their stability, USDtez's full collateral reserve eliminates the need for such fees. This makes it more cost-effective for users and minters to hold and transact with USDtez.
Overall, USDtez's focus on the Tezos ecosystem, its full collateral reserve, and its fee-free nature make it a unique and attractive stablecoin option within the cryptocurrency space.
Live USDtez Price Data
The current price of USDtez (USDTZ) is approximately $0.9667, reflecting a decrease of -0.67% in the last 24 hours. The USDTZ trading volume in the last 24 hours stands at $0.5281.
For a comprehensive list of exchanges, visit our crypto exchanges page. To understand USDtez's performance over time, consider exploring its price history and ROI. For in-depth analysis and insights on USDTZ, check out our crypto insights page.
Tags
Official Links
USDTZ to USD Converter
Price History
- All-Time High
- $1.341.39x to ATH
- All-Time Low
- $0.77451.25x to ATL
- Trade Launch Date
- 26 Oct, 2021
1080 days ago